Syllabus
Course Code: CC-11 IN-ECO-502 Course Name: Development Economics-I |
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MODULE NO / UNIT | COURSE SYLLABUS CONTENTS OF MODULE | NOTES |
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1 | (i-a) Growth and Development Meaning of Economic Growth and Development, Features of Developing and Developed Countries, Concepts of Development, (i-b) Measuring Economic Development: Income Measure, Physical Quality of Life Index (PQLI) and Human Development Index (HDI), Determinants and Obstacles to Economic Development |
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2 | (ii-a) Classical Theories of Economic Developmen Adam Smith: Role of Capital Accumulation, Division of Labour, Natural Law and Stage of Stationary State, Theory of Value; Ricardian Theory of Economic Development: Dynamic system of Ricardo, Theory of Rent and Grades of Land (ii-b) Schumpeter: Dynamic Process, Technology, Entrepreneur, Bank Credit; Karl Marx: The Materialistic Interpretation of History, The Theory of Surplus Value, Destruction of Capitalistic Process |
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3 | (iii-a) Sectoral Aspects of Development Role of Agriculture in Economic Development, Green Revolution, Problems of Agriculture Development; (iii-b) Rationale and Pattern of Industrialization in Developing Countries, Terms of Trade between Agriculture and Industry |
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4 | (iv-a) Economic Development and Human CapitalMan Power planning: Meaning, Objectives and Methodology of Man Power planning, Man Power Problems and Man Power Planning in LDCs (iv-b) Human Capital Formation and Policy Issues, Sustainable Development with special reference to India |